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Pakistan economy grows faster than expected buoyed by IMF loan, lower rates

Pakistan's economy grew 3.07% last quarter, surpassing forecasts due to IMF funds and lower interest rates.

Pakistan's GDP rose 3.07% in the last quarter, aided by IMF funds and lower borrowing costs. The government anticipates 3.6% growth by June 2025, with strong agricultural performance and easing inflation contributing to recovery.(AFP)
Published on Oct 01, 2024 10:13 AM IST
Bloomberg |

Rajnath Singh says ‘India would’ve given larger bailout package to Pakistan if…'

Rajnath Singh said Centre gives money to Jammu and Kashmir for development while Pakistan has been misusing financial aid for a long time

Defence minister Rajnath Singh.(PTI)
Updated on Sep 29, 2024 04:12 PM IST
By | Edited by

Twists and turns in a pipeline

This article is authored by Tara Kartha, director (R&A), Centre for Land Warfare Studies, New Delhi.

A picture from Gwadar, the port city in Pakistan.(Bloomberg)
Published on Sep 11, 2024 03:04 PM IST

Sri Lanka's key inflation rate falls to 0.5% in August

SRI LANKA-ECONOMY/INFLATION (UPDATE 1):UPDATE 1-Sri Lanka's key inflation rate falls to 0.5% in August

Sri Lanka's key inflation rate falls to 0.5% in August
Published on Aug 30, 2024 05:25 PM IST
Reuters |

Egypt hikes electricity prices for households by up to 50%: Report

The latest hike was due to take effect earlier in the summer but was delayed as the country grappled with power shortages.

Egypt hikes electricity prices for households by up to 50%: Report
Published on Aug 20, 2024 12:54 AM IST
Reuters |
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